Weekend Headlines — July 20 & 21, 2013

Cromwell CEO Bud Walters Still Waiting and Waiting and Waiting....
Cromwell CEO Bud Walters filed a request last November with the FCC to have one of his AM stations (WTCJ-AM) rebroadcast on an FM translator in Tell City, Indiana. The Commission, despite its stated goal of improving the sound on the AM dial, still has not made a decision. With help from the NAB's Jane Mago, this week, Cromwell has filed more paperwork to try to move his request along. [Radio Ink]

Glee To Premiere Thursday, September 26
Following the passing of star Cory Monteith, FOX announced Friday evening that the season premiere of Glee would be pushed back one week, with production starting in early August. [FOX Press Release]

Big ad sales increases in June contributed to strong revenue growth in the second quarter for the broadcast networks, according to new figures from research company Standard Media Index. Total television spending was up 10% in the second quarter from a year ago. For first half of the year, TV ad revenue is up 4%. The broadcasters racked up a 16% increase in ad revenues in the second quarter, including more than 30% jumps at ABC, CBS and NBC in June, when the NBA Finals and the finale of The Voice aired. CBS' revenues increased 27% in the quarter, ABC rose 19%, NBC gained 13% and Fox was up 8%. Univision revenues increased 28%. [B&C]

CBS, Time Warner Cable Set Stage for Long, Messy Retrans Battle
With the clock ticking toward a July 30 deadline to reach a new retransmission consent agreement, CBS Inc. launched an advertising blitz on TV, radio and in print Thursday to warn viewers that “Time Warner Cable is threatening to hold your favorite shows hostage and to drop CBS.” [THR]

Sources: Allbritton Likely To Pick Two Buyers
With bids for Allbritton Communicatons' eight stations due Monday, it's looking increasingly likely there will be two buyers. Allbritton's flagship station, WJLA, the ABC affiliate in Washington (DMA 8), probably will go separately, people familiar with the M&A sector say. [TVNewsCheck]

Sports Could Save the TV Business—or Destroy It
Here's the week's news in TV economics in one sentence: Without live sports, the TV business could fall apart; and because of live sports, the TV business could fall apart. Confused? Ha, well, blame the bundle, perhaps the most successful and most misunderstood business model in entertainment. [The Atlantic]


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